1000 N Bridge St - Fast Food FOR SALE
Chillicothe, OH 45601 |
$2,020,000 USD
248-702-0288
1000 N Bridge St
Chillicothe, OH 45601
HIGHLIGHTS
- Tim Hortons & White Castle | Ground Leases With Zero Landlord Responsibilities
- Both Tenants Have Occupied The Site For Over 15 Years, Demonstrating Long-Term Commitment To The Location.
- White Castle Lease Features (4) Five-Year Renewal Options With 10% Rental Increases
- Tim Hortons Has Occupied The Site Since 2004 and Has One Remaining Five-Year Renewal Option | 12.5% Increase
- Over 37,000 People Within 5 Miles of Subject Property With An Average Household Income Exceeding $68,000
- Prime Retail Corridor Location Along Bridge Street with Traffic Counts Exceeding 30,000 Vehicles Per Day, Directly Across From Chillicothe Place
FOR SALE DETAILS
PRICE
$2,020,000 USD
PRICE/SF
$615 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Tim Hortons | White Castle Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.24 AC
LAND SF
53,953 SF
ZONING
RC
APN/PARCEL ID
30-54-59-011.000
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248-702-0288
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248-702-0288
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